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20121004
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, the bill to save the economy went down to defeat in the house of representatives. >> the legislation has failed. >> i'm very disappointed in today's vote. >> so to the democrats skprerep who vetoed this bill yesterday, i say step up to the plate. >> this is what brought us to the brink of collapse. >> wow. all because annie went and got a house he couldn't afford? >> i don't know whose fault that was. >> $1.2 trillion in market value wiped out in one day. congress quickly reconvened, and four days later, on october 3rd, it passed the $700 billion troubled asset relief program. >> congress has agreed to a broad deal that authorizes the presidential secretary to free up the criticisms. that may be the last time the president witnessed something that really mattered to washington. four years later, and on the eve of another election, he's being asked, are you better off off than they were. but how much money could you have? if washington had put aside its pride, they could work with some people. >> these two have had your back. sheila baer's job was to deal with banks. neil's job was to be
the economy went down to defeat in the house of representatives. >> the legislation has failed -- >> i'm very disappointed in today's vote. >> to the democrats and republicans who oppose this plan yesterday, i say, step up to the plate. >> investors panicked, the dow dropped 777 points. the biggest single day point loss to date. >> this is what brought us to the brink of collapse. >> wow. all because annie went and got a house that he could not afford? >> $1.2 trillion in market value wiped out in one day. it's really psychological at this point. >> congress quickly reconvened and four days later on october 3rd, it passed the $700 billion troubled asset relief program. >> congress has agreed to a broad deal that authorizes the treasury secretary to start releasing money to free up the credit systems. that may have been the last time persons witnessed bipartisan compromise on something that really mattered in washington. four years later and on the eve of another election, voters are being asked, are you better off than you were then? the answer is yes because it was that bad. but how much bet
of our economy. 1.3% verses russia at 4%. china at 7% to 8%. we're at 1.3%. this is unacceptable. it is not working. i know what it takes to get us working. he's put us on a road to europe. europe doesn't work in europe. i want to get us back to being america where people come here, build enterprises here. we fulfill american dreams. we keep the hope alive in america. [ cheers and applause ] and this matters. you know this matters. this counts. it counts for the 23 million people struggling to get a job, getting a better job today. it counts for the young people. today we wonder whether that's true. the majority of americans don't think that's the case. this matters. there's one more sense in which it matters. that's what i began with, and that is our military capability. our ability to defend our liberty and the liberty of our friends around the world, with whom we trade and with whom we trade and whose prosperity depends on our trade. i was in poland and got the chance to meet a hero. i came in and he said, mr. romney, you've just come from the united states. you must be tired.
. >> we're not really doing that. author of "death by china," peter, you call this a triple zero economy. the past ten years, zero jobs growth, zero wage growth, zero stock returns. which part of that equation is the most crippling? >> i think all of them. if you think about the middle class, where they need jobs, they need wage growth. we've seen average meaning household income actually go nowhere and importantly in their 401(k)s have become 201 ks, they need robust stock returns. if we're going to get wage growth and jobs growth clearly we have to do, as the guest said, we have to restore the manufacturing base. one good news i have in this triple zero economy, i think going forward the next decade for stock returns will be a lot better than the last decade. the reason is simple and somewhat troubling. first of all, if you think about the stock market here in america, it's physically located here but increasingly, its returns are located elsewhere. >> sorry to interrupt you. the very thing that's been a trend many would say hurtful for american workers is the thing that can help ameri
of the day was not only that he can fix the economy, it's that he can feel it. >> there are so many in our country that are hurting right now. i want to help them. i know what it takes to get an economy going again and creating jobs. >> reporter: the straight from the heart appeal is echoed in a new ad that shows romney looking directly into the camera. >> president obama and i both care about poor and middle class families. the difference is my policies will make things better for them. >> reporter: translation, pay no attention to the man in that hidden camera video. >> the 47% who are with him, who are dependent on government very much -- >> reporter: but for romney when it rains it pours. his two-day under steady showers has a feel of a race against time. a new poll quinnipiac finds romney trailing the president by ten points in ohio, nine points in florida and 12 in pennsylvania. an abc "the washington post" poll may explain why. 54% said they had an unfavorable view of romney's comments on voters who don't pay taxes. romney told cnn he's not worried about the numbers. >> we're taking
like the last four years. we have to get the economy going again. >> campaigns go head to head. what the latest means. nate silver will be asked if romney can win and deepak chopra, wesley clark and ameerah al-taweel. things get lively at the clinton global initiative. >> you want to make farming sexy, don't you. >> furious talk from the angriest man in america, lewis black. >> the whole world coming here. you are screwing up the traffic. this is "piers morgan tonight." good evening. our big story tonight mahmoud ahmadinejad made his speech. the u.s. and canadian delegation stayed away. even so mahmoud ahmadinejad painted iran as the victim and to blame israel. ultramodern weaponry and pledge to disclose armaments in due time is now being used as a new language of threat against nations to crush them to to accepting a new era. continued threats by the uncivilized to resort military action against our great nation is a clear example of this bitter reality. >> crystal spent i'm in iran. his best selling book is "half the sky" turning oppression in to opportunity for women worldwide. it
at a military acted any many pennsylvania romney hammered away at the president over the economy. >> i have to tell you that i don't know how a single person who goes to this institution could consider voting for the incumbent for president. i say that for this reason. if they want to go in the military, why, he is planning on cutting our military by about $1 trillion over the next decade. if they want to go on to either get a job directly or go on to a four-year college and come out with a gee, you know that 50% of kids coming out of college today can't find a job or a college level job. on both fronts, this president's policies have not worked for the young people of america. >> their first debate happens on wednesday. the romney team is downplaying expectations. romney advisor beth myers distributes this memo explaining why the president is probably going to do better. she says that president obama is one of the most talented political communicateors in modern history. this will be his eighth one-on-one presidential debate and romney's first. the president will use his ample rhetorical g
's growing much faster than we. russia's growing faster than we. our economy needs to be reinvigorated. >> but not all the numbers paint a gloomy picture. the labor department announced it undercounted nearly 400,000 jobs in 2011 meaning that 4.4 million jobs have been created since the president's inauguration. slightly more than the number lost in that same period. but the president said there's still measuring work to do. >> we're not where we need to be. not yet. we've got a lot more folks who have to get back to work. we've got a lot more work to do to make the middle class secure again. but the question is, who's plan is better for you? >> an obama win in republican-leaning virginia could deal romney a crushing blow. the president won here four years ago becoming the first democrat to do so since lyndon johnson. but in the state the military vote is not the only game in town. football fans are everywhere. so it's no surprise a reporter asked romney about the deal to end the dispute between the nfl and its referees. a question romney appeared to fumble. >> what do you think about
help develop it. from the next economy, to the next generation, we help get... the most out of business, by getting the best out of people. shrm. leading people, leading organizations. not in this economy. we also have zero free time, and my dad moving in. so we went to fidelity. we looked at our family's goals and some ways to help us get there. they helped me fix my economy, the one in my house. now they're managing my investments for me. and with fidelity, getting back on track was easier than i thought. call or come in today to take control of your personal economy. get one-on-one help from america's retirement leader. woman: what do you mean, homeowners insurance doesn't cover floods? [ heart rate increases ] man: a few inches of water caused all this? [ heart rate increases ] woman #2: but i don't even live near the water. what you don't know about flood insurance may shock you -- including the fact that a preferred risk policy starts as low as $129 a year. for an agent, call the number that appears on your screen. >>> our second story "outfront," mitt romney and president clinton
one of the fastest growing economies since south america. also one of the hottest economies in the world. for the last year and a half the country has been run by sebastian panera. he made his fortune bringing credit cards to chile in the late 1970 wrz, richard quest joining us from london. tell us about this. pretty impressive resume for panera. >> not only impressive, but, of course, made international status, hero status, when he led his country's search and rescue off the famous chilean miners last we're. tv the sight of the president constantly always being there with the families that actually moved so much of the world now it's starting to criticize the united states. specifically, quantitative easing. that's the printing of money by the federal reserve. in an exclusive interview you with me the president said that simply printing money in america will not do the trick of rescuing the u.s. economy. >> yes. can you bring money and maybe you can solve the short-term problems. you will never solve the american problem just by printing money. you need to do much more than
to start talking about the issues. they're going to start talking about the economy. why the deficit's been above $1 trillion now four years running, and maybe if the moderators get into it, what's happening in the middle east, and what they think they can do about it. i think that governor romney's plan's going to be to try to stick to the substance because i think the country knows we need a change. >> i'm only half joking about kicking out of the room. metaphorically, a lot of republicans want to see mitt romney do just that to the president. they want to see him verbally beat him up and make the points that you've made crystal clear and win the argument. but there's another argument that says that one of mitt romney's problems is he's not likeable enough and he may need to turn on the kind of easy ronald reagan charm which he deployed so successfully in debate. it's a fine line, isn't it, between being hard and aggressive and making a point, but also coming over as likeable. >> right. and piers, really, the way to deal with that, and i think this is true for any debate but especially on
many terms of iran too, but here's another man who could be talking about the economy and people who really need help. after all, don't forget that after the revolution, tahrir square where people in egypt really rose up and wanted to change during the arab spring, what happened? at this point they have an economy that's in very bad shape. they need help. there was a very big delegation from the united states of gigantic companies that went trying to drum up investment in egypt, and so their problem too is giving jobs to the people in egypt and making these revolutions pay off. >> we played a little of what ahmadinejad said to the united nations earlier today. this is a common theme that he uses over and over, and he essentially talks about blaming everybody else for iran's problems. >> i do not believe that muslims, christian, jews, hindus, buddhists, and others have any problems among themselves. or are hostile against each other or live together in an atmosphere of peace. they are all devoted to the kaz of justice, purity, and law. the biz malsituation of the world and the situati
months. the nasdaq is up nearly 18% for the year now. more signs of weakness in the global economy. new data overnight from china show its factory sector slowed last month, and a report from hsbc says new export orders declined last month with the sharpest rate in 3 1/2 years. soledad, china has fashioned itself into the factory for the world. when china's manufacturing slows, everyone worries. >> all right, christine, thank you for the upset. >>> it's what everybody's talking about this morning, arnold schwarzenegger says that his life were a movie, nobody would believe it. from body builder to movie star to governor of california, his new book is called "total recall." it's out today and it details his entire life, including the now infamous affair with his house keeper that led to the breakup of his marriage with maria shriver. schwarzenegger talked about that affair in an interview with "60 minutes." >> i think it was the stupidest thing i've done in the whole relationship. it was terrible. i inflicted tremendous pain on maria and unbelievable pain on the kids. >> margita thompson w
and builds our military. and that's our economy. you have to have a strong economy. >> president obama was rallying supporters in virginia beach. that was a couple minutes ago. he talked about creating opportunities for everybody. >> we don't believe anybody is entitled to success in this country. we don't believe government should help folks who aren't willing to try to help themselves. but we do believe in something called opportunity. we do believe in a country where hard work pays off, where responsibility is rewarded, where everyone gets a fair shot and everybody is doing their fair share and everybody plays by the same rules. we believe in america where no matter what you look like, no matter who you are, no matter where you come from, no matter who you love, you can make it if you try. [ cheers and applause ] that's the country i believe in. >>> jim acosta is covering the romney campaign. jim, one of the interesting things back in 2008 in covering president obama, you knew that there was a sense that he could possibly win when people started showing up in virginia. i mean that w
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when voters are asked who do you most trust to handle the economy. if the challenger in this economy can't get a lead on the president on that question, he won't win. >> ari, do you agree with that, on that key question? >> well, it all comes down to the sample size and the poll. again, if the polls oversample democrats, of course you will get that answer. here's why, anderson, i think you have to dig a little deep. in the last six days, there have been seven polls in the state of florida. one of them has obama -- one of them has romney up by one point. the rest are a very close race within the margin of error, one point, three points, four points, four points, one for five points. a poll came out that shows the president is up nine points. here's how they got there. they have nine percentage point more democrat turnout than republican. it's a fantasy. in the 2008 obama landslide it was advantage for the democrats of just three points. republicans won florida in 2004, republicans turned out by four percentage points more. you just can't have those kind of swings, the numbers aren't r
to point out the things that president obama has said that, if the economy doesn't get better, if jobs don't get better, he doesn't deserve a second term. we still have those issues in ohio and pennsylvania, where although ohio has improved some of its unemployment, we still have concerns about manufacturing, about steel, about health care issues, about energy, which are grave concerns in both of those states. and they have to be addressed by both candidates. >> right. and this memo, by beth myers, senior adviser, highlights some of that which you just said. but she says things like, he's a universally acclaimed public speaker, he has substantial debate experience, he's a uniquely gifted speaker. all speaking about president obama. the memo goes on to say that he's been in eight presidential debates compared to -- which i guess would be five with hillary clinton and three with -- with john mccain. but this, of course, would be the very first debate for -- for governor romney. the cynic in me says this memo is really all about lowering expectations. because if you can lower expectations, wh
, obama's had an edge on the economy in a lot of recent polls by a narrow one, two-point margin. not that much difference. interesting nonetheless mitt romney has a little edge there. a nice talking point for this campaign heading into this week, john. >> peter, live in washington. sorry we couldn't be in the same room, just too much raw energy. >> me, too. >> thank you, peter. >>> moving on, the big mystery in tennessee this morning. where you two missing siblings. a 9-year-old and 7-year-old brother. grandparents killed in a house fire last week. it was first believed the children perished it's a well but no sign of their bodies found. on friday a statewide amber alert was issued for them. >>> a taliban taking responsibility for a suicide. three u.s. service members among the three killed. 50 others wounded. the bomber targeted a joint nato-afghan patrol in khost city. this after two americans died including the 2,000th u.s. military member to be killed during the war in afghanistan. >>> a judge expected to rule later today on pennsylvania's controversial voter. >> i d. law. i
in the world in his ability, in his decisiveness, in his leadership skills, in his understanding of the economy, in his understanding of what's missing right now in the economy, what -- you know, the pieces that are missing to get this jump started, so for me i think it would just be the emotional part of it. >> i can make him mad. i'm probably one of the few people who can really make him mad. >> how do you make him mad? >> any number of ways. >> okay. so interesting. are these wives helping or, you know, hurting their husbands in this buildup to the election? >> well, they're definitely helping with their public image because they're the most likable parts of each ticket really, but i feel as though they could be helping a lot more because that ann romney clip continued to her saying that the only thing she's concerned about is if romney wins, she's concerned about his mental well-being. so you might not want to question the mental health of your husband who you're asking everybody to elect as leader of the free world, and michelle obama i feel like she can probably privately -- i think the b
and the economy. if you can't get it right it's time to get out. >> all right. well, other than that, if we all agree, what is the hold-up? mitch albom is "outfront" tonight. he's author of "the time keeper." number one fiction on "the new york times" best-seller list. mitch, great to see you. it's obviously been reported two sides are meeting today. what are the odds that this is going to get settled? >> not so great. they are actually still pretty far apart. you would wonder why a league that makes $9 billion in revenue is worried about maybe about $10 million apart on a package for the referees, but it's a bit of a power struggle going on and those on the inside say even with all this controversy and these terrible -- it wasn't just that one, it was a whole weekend's worth of bad plays, it still may not be settled any time immediately. >> let's go through some of the sticking points, just because i found it so ironic that you have governors who don't like unions saying bring back the union refs. there was a lot of irony in it. i know the league wants to do away with the pension plan, replace
Search Results 0 to 22 of about 23 (some duplicates have been removed)